That Starbucks' next CEO would be Laxman Narasimhan is no surprise. That he would become CEO on Monday, however, was.
The most immediate impact of the new timeline is that Narasimhan will lead Starbucks' annual shareholder meeting Thursday.
It also means that when Starbucks' former chairman and CEO Howard Schultz testifies at a U.S. Senate hearing next week about the coffee chain’s alleged union-busting activity, he won't technically be in charge. Starbucks announced Narasimhan as its next CEO last September, and has said he'd take the reins on April 1.The company had already resisted prior requests for Schultz's appearance before the Senate Health, Education, Labor, and Pensions committee, arguing that he'd be on this way out soon enough.
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